우체국페이 - Easy money transfers & payments

Post Office Pay

A new app called 'Post Office Pay', which is a fintech-based service, is set to be launched.

Post Office Pay (also known as Itda Pay) combines the postal money transfer services specialized by the post office with user-friendly money transfer features.

With the Post Office Pay app, all you need to send a heartfelt congratulatory card and gift money is the recipient's mobile phone number. You can also enjoy various services like easy transfers, Dutch payment, group services, and payments.

[Key Services of Post Office Pay]

1.Gift Money Transfer (via Phone Number and Address)

- If you know the recipient's phone number, you can send a congratulatory card along with the gift money

- Push notifications for congratulatory messages and delivery alerts, as well as SMS notifications

- Availability to view transaction history and cancel transfers easily

2.Easy Transfer (via Phone Number and Account)

- Fast and convenient transfer service using only the recipient's phone number

- Ability to check transaction history and easily cancel transfers

3.Dutch Payment

- Provides an option for settling amounts I paid after meeting friends through easy Dutch payment requests

- Friends can settle their payments quickly with a single touch of a button upon receiving payment requests

4.Group Service

- Create gatherings with friends and utilize chat functions within the group's conversation room

- As the group leader, you can share information about membership fees with group members

- All members can view the account's transaction history, and contributions can be easily paid with one button press

5.Zero Pay

- Direct debit payments can be made at Zero Pay merchants via QR codes

6.Transportation Payments

- Provides transportation payment features for Android users

7.Online Account Opening

- Allows account creation through a non-face-to-face identity verification process without visiting the post office

Service Restrictions: Only available for individuals aged 14 and older who can complete the mobile phone authentication procedure to register.

■ Permissions and Purposes for Using the Post Office Pay App

- Storage (Required): To verify OS tampering (rooting) etc.

- Phone (Required): For verifying phone numbers and devices, among other things

- Camera (Optional): For mail payments, Zero Pay payments, etc.

- SMS (Optional): For auto-input of additional SMS verification

- Contacts (Optional): For sending money, Dutch payment, and inviting to group services

* Access permissions are categorized into mandatory and optional permissions. Some features may be restricted if optional permissions are denied; however, the app cannot be used at all if mandatory permissions are not granted.

* For versions below Android 6.0, all access permissions may be treated as mandatory. In such cases, upgrading the OS to 6.0 or higher and reinstalling the SmartPay app will allow for the setting of optional permissions.

Our Customers all have a dream for better tomorrow,and that what Postal Savings and Insurance Bureau will make it come true

Making the precious dreams of customers more valuable, Postal Banking Service is focusing on development of new products of public interest projects for economically fragile classes and providing dependable, reliable financial service.

Securing Postal Banking Service's Soundness and Stability Through Systematic Risk management.

We are doing our best in securing balanced and stabled operational assets by forming and operating the Risk Management Committee and Practical Affairs Council in December 2003, in order to systematically manage risk in-light of the increased risk involved in employing funds in the financial market.

Increased Postal Banking Service Transparency through Construction of an Asserts Management System

We have completed establishing Postal Banking Service' particularly reflecting accounting administration standards and construct an assets management system capable of evaluating securities, managing and setting indirect investment assets, and other various report calculation features in the end of 2004. Through this process, we have increased our Postal Banking Service's transparency and its credibility.

Postal Banking Service's Degree of National Economy Contribution increased

Postal Banking Service's contribution ratio to national economy has been gradually increasing through supporting social indirect capitals and raising balanced financial market; the public capital management fund deposit lead by the Ministry of Finance and Economy, purchasing of government and public bonds, etc.

Leveling up of Financial Services Through Partnerships with Private Financial Institutions

We have opened up the Postal Banking Counter Network to privately managed financial institutions, and thus contributed to improving the quality of banking services in rural areas.

Provision of Good Quality Financial Services to Financially alienated Regions

We are utilizing over 2,800 post offices throughout the country to provide citizens in agricultural and fisheries regions and urban working classes who have been relatively alienated following mergers or dissolutions of privately operated financial institutions' shops in agricultural and fisheries regions, strengthened private banking by commercial banking and introduction of CRM with good quality financial services.

Increased Deposit Reception Rate with a Scientific Capital Employment System

We employed post office deposit funds, based on accurate liabilities and assets analysis in 2003, to secure more stable earnings in a rapidly changing financial environment.

Strengthened Public Interests of Postal Services through Unfolding of Various Welfare Activities

With 1% of insurance premium earnings of traffic safety insurance as the financial resource, we are pursuing various welfare services for the estranged classes who needs social assistance in order to strengthen postal services for public interests.

Development of new Products to meet customer's needs

We provide variety of services that meets various kinds of customers' needs including regular citizens, low-income self reliable people or handicapped, by developing new products such as Post bank Tax Exemption Housing Arrangement Free Savings, Neighbor Love Savings and I-Card Time Deposit.